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Mercedes Benz GLK-Class Lease Questions

66 messages,  Last post on Nov 24, 2009 at 7:25 AM

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What is this discussion about? Mercedes-Benz GLK-Class, Car Buying, Car Leasing, SUV

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#26 of 66 Re: GLK Lease Offer [spenser99] by crestonave Apr 13, 2009 (3:22 am)
Replying to: spenser99 (Apr 12, 2009 11:48 pm) Just curious, for comparison purposes, what is your tax rate? Replies to this message: nendo (Apr 23, 2009 9:20 am)
#27 of 66 Q5 trumps the GLK by nendo Apr 23, 2009 (9:20 am)
Replying to: crestonave (Apr 13, 2009 3:22 am) I was keen on getting a mercedes glk until i test drove it. Boy was i underwhelmed. The exterior styling looks pretty good with the 20,s but the interior looked cheap and felt like i was in a subaru. I am coming from a mercedes e55 and this was a huge step down in every way.   Then i test drove the audi Q5 with sline trim and 20 inch wheels. WOW , i was really impressed with it. The styling exterior looked great and interior blew the glk away. Also it felt much zippier and handled better than the glk, less harsh of a ride as well.   I took a bmw x3 out for a spin and it was god awful in almost everyway except the engine and good cargo room, The car reminded me of 1995!!   I have test driven maybe 8 small suvs in the segment and ultimatley the q5 easily won for me. Now I have a audi 09 s-line sitting in front of my house and couldnt be happier with my desicion
#28 of 66 2010 GLK MF and Residuals on 10K Lease? by lalakrsfan Apr 24, 2009 (12:44 am)
Car_man,   Can you please provide the MF and residual on a 2010 GLK 350 for a 24 and 36 mo. 10K miles lease? We are shopping this against the X3 and Q5 and trying to determine who is offering the best deal. Replies to this message: Car_man (May 01, 2009 1:42 am)
#29 of 66 CAR MAN by westiethewilly Apr 28, 2009 (12:27 pm)
What is your opinion on leasing a used car. No more than 3 years old. Will the dealer base the lease on the MSRP of the used car or use a discount price that I offer ?   Or if you are going to lease, just lease a new on 09' or 2010' ?   My goal is low payments and zero down payment but want high end SUV, MB, Audi, MDX. Currently have RX350, lease ends 5/15/09.   Thanks Replies to this message: Car_man (May 01, 2009 1:45 am) crestonave (May 01, 2009 1:57 am) jayrider (May 14, 2009 7:06 am)
#30 of 66 Re: March lease programs [sbe] by Car_man HOST May 01, 2009 (1:38 am)
Replying to: sbe (Apr 09, 2009 9:35 am) Hi sbe. One possible reason why Mercedes' money factors for the GLK are higher than Audi's are for the Q5 is that Mercedes' residual values for the GLK are higher as well. These higher resids enable it to arrive at similar lease payments without as much money factor support. Both companies are likely aiming for particular advertised payments, they're just going about getting there differently.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#31 of 66 Re: 2010 GLK MF and Residuals on 10K Lease? [lalakrsfan] by Car_man HOST May 01, 2009 (1:42 am)
Replying to: lalakrsfan (Apr 24, 2009 12:44 am) Hi lalakrsfan. Mercedes Financial's April buy rate lease money factor and residual value for a 24 month lease of a 2010 GLK350 4WD with 10,000 miles per year were .00240 and 58%, respectively. The numbers for an otherwise identical 36 month lease were .00230 and 54%.   Mercedes' April lease program was scheduled to run through yesterday April 30th. Many manufacturers have extended their April programs through May 4th. I'm not sure if Mercedes has or not. Either way, it's scheduled to introduce a new program at some point over the next couple off days. I would be happy to give you an idea of what it is like if you check back with me.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#32 of 66 Re: CAR MAN [westiethewilly] by Car_man HOST May 01, 2009 (1:45 am)
Replying to: westiethewilly (Apr 28, 2009 12:27 pm) Hi westiethewilly. there's nothing wrong with leasing a used vehicle, IF you are able to lease one for significantly less than what it would cost to lease a similar new vehicle. The main problem that I have with used vehicle leases is that traditionally manufacturers have provided much less support on them. As a result, it often turned out that the payments on used vehicle leases were fairly close to, or in some instances even more expensive than, the payments on similar new vehicles.   Banks provide dealers with a list of dollar residual values that they have to use to calculate the depreciation portion of used vehicle lease payments. The other half of the payment, the interest portion would be calculated using the selling price that you are able to negotiate.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: crestonave (May 01, 2009 1:57 am) jayrider (May 14, 2009 7:06 am)
#33 of 66 Re: CAR MAN [Car_man] by crestonave May 01, 2009 (1:57 am)
Replying to: Car_man (May 01, 2009 1:45 am) I'm far from an expert - I'm just a plain old consumer - but I would never lease a car for longer than it's bumper to bumper warranty. It seems to me that if a car comes with 3/36 and you lease for 39 months, you run the risk that in the 38th month you'll encounter a major, costly problem with the car which you'll be responsible for repairing, and then turning the car in a month later. I know folks sign on for leases like this all the time, but I wouldn't. Perhaps I'm just overly cautious, but I think the possibility is something to consider when deciding on what lease to sign. Replies to this message: jayrider (May 14, 2009 7:06 am)
#34 of 66 Re: CAR MAN [crestonave] by jayrider May 14, 2009 (7:06 am)
Replying to: crestonave (May 01, 2009 1:57 am) Even if the car seems ok mechanically when you turn it in, I have concerns the dealer will do a 1000 point inspection looking for problems to fix. On your tab of course.
#35 of 66 Lease Offers for June? by rlinseattle Jun 01, 2009 (9:57 am)
Hi Car Man. I have a new GLK on order from Germany, and my purchase/lease terms will be set once it arrives later this month. A dealer in the Seattle area agreed to invoice + $500 for a loaded AWD model.   Any word on the residual and money factor for June? We'll probably only need 10,000 miles per year. Thanks in advance. Replies to this message: Car_man (Jun 16, 2009 1:45 am)

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